The Bellwether Series: China

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June 23rd 2011
  • Shanghai

After a successful launch of The Bellwether Series in Japan, South Korea and Australia in 2010. Economist Conferences is delighted to announce the launching of the Bellwether Series: China event which will be held on June 23rd 2011 in Shanghai. The forum will bring together over 150 financial and market regulators, policymakers and business leaders to debate and shape the future of finance beyond 2011. Moving beyond talk of recovery, The Bellwether Series 2011 launches a region-wide dialogue on the post-crisis shape of finance.

The global banking industry is emerging from a tumultuous period. With Western banks and financial institutions still rebuilding their credibility as much as their balance sheets, their Asian counterparts—having emerged from the crisis in better shape—arguably face a unique opportunity to grow, innovate and influence as never before. While the international financial system remains intact, defined still by the old consensus, there is a palpable shift in weighting and influence towards the East. A new global financial landscape may be distant, but policymakers and banks in Asia-Pacific have a greater chance now of moulding—even leading—the financial debate than they ever had in the past.

Can banks and policymakers in Asia-Pacific seize the moment? What will the shift mean for foreign financial institutions in the region? What will be the shape of finance, regionally and globally, beyond 2011 and what role will Asia-Pacific’s institutions play?

To pre-register for the event, or for any sponsorship enquiries, please contact conferencesasia@economist.com or phone (852) 2585 3312.

Programme (Drafted)

Conference Chairs:

Tom Easton, Asia Business Editor, The Economist

Steven Xu, Director, China, Corporate Network, Economist Intelligence Unit

8.00am

Registration and Refreshments

9.00am

Welcome Remarks

9.10am

Keynote opening speech

A senior official will provide an update on developments in China’s financial sector and key policies for the year ahead.

  • What role do China’s exchanges play locally and as regional trading platforms?
  • What policy steps are needed to realise Shanghai’s plan of becoming an international financial centre by 2020?
9.25am

Economist Intelligence Unit: The next CHAMPS—China by region

The latest from the EIU’s CHAMPs index examining economic indicators of China’s fastest growing cities.

9.40am

Economist Intelligence Unit scenario briefing

2010 marked a year of broad recovery from the financial crisis. Risks undoubtedly remain. What happens if energy prices continue to soar? At what point would increased food prices bring about unrest? The EIU sets out some “what if” economic and political scenarios:

  • Balancing GDP growth vs inflation—what happens if they get it wrong?
  • Oil at 140US$—could the Chinese economy survive this?
  • The collapse of North Korea—what would this mean?
9.55am

The China debate: RMB internationalisation, capital account convertibility and China's outbound ambition

  • Will China take bolder steps towards RMB internationalisation?
  • Facing a mounting USD reserve, what are the Chinese government's policy choices?
  • Will RMB denominated regional trade and finance activities tip the balance of world finance?
  • How to finance China Inc.'s global ambition 
10.45am  

Networking break

11.15am

New finance for new China

Although the state sector still dominates the financing industry, innovation is being seen from the private sector across different institutional levels. From capital markets, to small businesses right through to the consumer, what are the different models that are emerging? This 3 part session investigates different levels of financing.

11.15-11.45am

Small to medium enterprises

Moving away from reliance on bank loans —what’s out there for SMEs and start-ups?

11.45-12.15pm

Capital markets

With deepening facilities, including ChiNext, what are the options for business financing?

12.15-12.50pm                   

Consumer finance

Will the consumer finance revolution step-change domestic consumption trends?

12.55pm

Lunch

2.15pm

Implications of feeding the dragon: China’s impact on global commodity markets

Over the past year, China has been the engine of growth for coal, iron ore, and other commodities. It is importing vast amounts of raw materials to feed its ambitious construction projects - and in the process generating jobs and investment in resource rich countries like Brazil and Australia. Some observers argue that a slowdown in China would change this dramatically. Others contend that if demand continues at current rates—China is using half the world’s concrete and a third of its steel—key commodities will come under pressure in the next few years.

  • How has Chinese commodity demand evolved over the past 12 months?
  • If demand weakens, what are the implications for the global economy?
  • Will a slowdown of recovery in Europe or the US impact China’s commodity demands?
  • In the long-term, could we see the development of “commodity wars”?
3.15pm

Chinese real estate: has China’s real estate policy failed?

The Chinese construction industry is booming as a result of massive state stimulus programmes in infrastructure and housing. Some observers warn that China has a bubble that could burst soon. And yet others argue that the government’s aggressive social housing program may help to offset a potential slowdown in market-based residential construction.

  • How much of a danger is the burst of the asset bubble, especially in the real estate sector?
  • Administrative measures vs. market forces: Which is the better policy choice to lead to a soft landing?
  • Reasons of the bubble: Limited investment opportunities? Excess liquidity released by the PBOC in the past two years? Hot money 
4.15pm

Networking break

4.40pm

Foreign investor panel: Opportunities and challenges in the year ahead

The drive for more domestic led economies is opening up new opportunities for investors in China. So too are changing consumption patterns and rapid urbanisation.

  • What is the role of foreign institutions to work in China?
  • What is the role of Chinese financial institutions overseas?
  • Is China’s regulatory and business climate changing for the better?
  • What are the industries to watch?
5.45pm

Concluding Remarks

6.00pm

Networking Cocktail Reception

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Founding sponsor:

BNYM

Media partner:

QQ

Supporting organisations:

AmCham China

AAFM

AustCham Shanghai

EUCC China

PEAS

 

Customer service:
Sally Au
Client Relations Executive
Phone: (852) 2585 3312
Email: conferencesasia@economist.com

Marketing partnerships:
Catherine Tong
Brand and Communications Manager, Asia-Pacific
Phone: (852) 2585 3826
Email: catherinetong@economist.com

Sponsorship opportunities:
Laurence James
Business Director, Hong Kong, Korea, SE Asia, Pacific
Phone: (852) 2585 3255
Email: Laurencejames@economist.com

Speaking enquiries:
Gabrielle Kirstein
Conference Programme Manager, Asia Pacific
Phone: (852) 2585 3803
Email: gabriellekirstein@economist.com 
CLICK HERE to register
 conferencesasia@economist.com

(852) 2585 3312

 

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